Job Details
Company: Al-Futtaim Automotive
Job Title: Head of Corporate Finance & Credit Control
Location: Dubai, United Arab Emirates
Department: Finance
Industry: Automotive, Corporate Finance & Financial Management
Experience: 10–15 years of relevant finance experience
Qualification: CA, CPA, CFA, ACCA, MBA in Finance, or equivalent professional qualification
Reporting To: General Manager – Divisional Finance
Team Management: Five direct reports
About the Role
The Head of Corporate Finance & Credit Control will oversee financial planning, liquidity management, investment assessment, new business development support, and credit risk governance for Al-Futtaim Automotive.
This position plays an important role in maintaining financial stability while supporting the company’s commercial expansion. The selected professional will work closely with senior management, business leaders, Group Finance, Treasury, Tax, Legal, and other stakeholders to ensure effective financial decision-making.
The role also focuses on strengthening working capital performance, managing customer credit exposure, improving collections, and ensuring that investments deliver appropriate risk-adjusted returns.
Key Responsibilities
1. Corporate Finance and Liquidity Management
Lead liquidity planning, cash-flow forecasting, and working capital management across Automotive operations.
Identify opportunities to improve cash conversion and optimise inventory, receivables, and payables.
Work with Treasury, Tax, FP&A, and business teams to manage funding requirements and currency exposures.
Monitor financial performance and ensure sufficient liquidity to support business operations.
Develop strategies to improve cash flow and financial efficiency across UAE and overseas businesses.
2. Investment Evaluation and Financial Modelling
Evaluate investment proposals and capital expenditure through detailed financial analysis.
Prepare financial models, business valuations, and scenario analysis to support investment decisions.
Assess the financial feasibility and commercial viability of proposed projects.
Conduct post-investment reviews to evaluate actual performance against approved business cases.
Provide financial recommendations to senior management and support strategic decision-making.
3. New Business Development and Strategic Investments
Develop financial business cases for new business opportunities and market expansion.
Support the evaluation of partnerships, joint ventures, acquisitions, and new market entries.
Coordinate financial due diligence and transaction evaluation activities.
Assist with transaction structuring, investment approvals, and strategic negotiations.
Assess financial risks, funding requirements, and expected returns associated with business expansion.
4. Credit Risk Management and Governance
Lead credit risk governance across Automotive business operations.
Oversee customer credit assessments and establish appropriate credit limits and payment terms.
Manage credit securities, risk exposure, and credit policy exceptions.
Maintain effective credit approval procedures and delegated authority frameworks.
Monitor customer credit portfolios and identify potential financial risks.
Ensure credit management policies support business growth while protecting financial interests.
5. Receivables and Collections Management
Improve accounts receivable performance and collections efficiency.
Conduct regular customer portfolio reviews to monitor outstanding balances and payment risks.
Coordinate dispute resolution and recovery escalation processes.
Identify overdue accounts and implement appropriate collection strategies.
Strengthen receivables monitoring, reporting, and accountability across business units.
6. Financial Controls, Policies and Reporting
Maintain strong financial policies, internal controls, and approval standards.
Develop management reports covering liquidity, working capital, credit exposure, and financial performance.
Ensure effective financial governance and compliance with relevant accounting requirements.
Work with Internal Audit and other stakeholders to strengthen financial control processes.
Support continuous improvement through digitalisation, analytics, and process optimisation.
7. Leadership and Team Development
Lead and develop a corporate finance and credit control team with five direct reports.
Establish clear objectives, responsibilities, and performance expectations.
Encourage collaboration, accountability, and continuous professional development.
Drive digital transformation and the use of financial analytics.
Work closely with senior finance leaders and business stakeholders to achieve organisational objectives.
Required Skills and Competencies
Candidates applying for Head of Corporate Finance & Credit Control Jobs in Dubai should have:
Strong knowledge of corporate finance and financial management.
Expertise in cash-flow forecasting and liquidity planning.
Advanced working capital management capabilities.
Experience in investment appraisal, financial modelling, and business valuation.
Strong understanding of credit risk assessment and governance.
Knowledge of customer credit limits, securities, receivables, and collections management.
Excellent commercial judgement and strategic thinking.
Ability to present complex financial information to senior management.
Strong stakeholder management, communication, and negotiation-support skills.
Leadership capabilities with a focus on collaboration, integrity, and results.
Education and Experience Requirements
Professional qualification such as Chartered Accountant (CA), CPA, CFA, ACCA, MBA in Finance, or an equivalent qualification.
10–15 years of relevant professional finance experience.
Previous leadership experience in corporate finance, treasury, investments, new business, credit risk, or collections governance.
Demonstrated expertise in financial modelling, business-case preparation, liquidity management, and investment evaluation.
Experience in cash forecasting, currency exposure management, and funding requests to a Group Treasury function.
Knowledge of customer credit frameworks, risk appetite, credit limits, securities, and delegated approval authorities.
Working knowledge of IFRS, funding concepts, transaction evaluation, and enterprise finance systems.
Advanced Microsoft Excel and SAP experience preferred.
Experience in automotive, distribution, retail, financial services, or other working-capital-intensive industries will be an advantage.
About the Finance Team
The Head of Corporate Finance & Credit Control will report to the General Manager – Divisional Finance and lead a team of five direct reports within Automotive Finance.